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Feb 5, 2013
02/13
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leaders from the party received illegal payments between '97 and 2008 and he received the support from angela merkel say that the spanish government, she had confidence in the spanish government to tackle economic crisis by implementing more economic reforms. that being said, she didn't say more especially on the corruption case as was reported a few days ago. there is a reaction, there was a strong reaction in the bond market. today is a bit more quiet. but for sure, mariano rajoy lost the opposition not only in spain, but also at the european level. it's going to be more difficult for him to perhaps negotiate more time to reduce the spanish deficit and perhaps more difficult for him to ask for insensitive measures to stimulate the economy at the european level. there's a trend on twitter tweeting for the -- the contractions for rajoy reject and that's on the right very well the situation here in spain. since the case, the corruption case was reported by the newspaper a few days ago. rajoy lost six points in the opinion polls in approval ratings. he is now amid 24%. that being said, the lead
leaders from the party received illegal payments between '97 and 2008 and he received the support from angela merkel say that the spanish government, she had confidence in the spanish government to tackle economic crisis by implementing more economic reforms. that being said, she didn't say more especially on the corruption case as was reported a few days ago. there is a reaction, there was a strong reaction in the bond market. today is a bit more quiet. but for sure, mariano rajoy lost the...
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Feb 4, 2013
02/13
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but that's nothing angela merkel can influence. i'm sure it's going to be a topic of discussion saying, look, is this going to be a government crisis? can you avert this? that is nothing we will hear about. the official communique will sound similar to what we heard out of paris, out of the monte meeting. don't expect a result on this budget summit yet on the table and on we go to the next rendezvous in terms of the budgets. we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've seen at the moment is we live on the principal hope that the eurozone might grow itself or stabilize itself out of the c
but that's nothing angela merkel can influence. i'm sure it's going to be a topic of discussion saying, look, is this going to be a government crisis? can you avert this? that is nothing we will hear about. the official communique will sound similar to what we heard out of paris, out of the monte meeting. don't expect a result on this budget summit yet on the table and on we go to the next rendezvous in terms of the budgets. we've got another eu summit in march, which is not -- which is not ear...
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Feb 21, 2013
02/13
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bersani with the agreement with angela merkel. i don't think mario monti has hidden the fact that he's concerned about the influence, particularly the power of the union on the democratic party. if we look on the german side, the foreign minister said what they want ultimately is a party that's going to continue with the reforms, that's going to continue with the fiscal consolidation. i'm not sure there's anything new here. perhaps an argument, too, where angela merkel is concerned, the power she would least like to see in power is the -- in a few months time. we've talked a lot about politics. i want to get a sense of, too, the voice of the business in terms of what they need to see after this election. and i spoke to the ceo of the largest retail bank here in san paolo and we talked about this idea of reforms and a mandate for change. germany arguably had schroeder. i asked whether perhaps the most influential and important italian doesn't actually sit in this cup, but he sits at the head of the ecb. listen to what was said. >>
bersani with the agreement with angela merkel. i don't think mario monti has hidden the fact that he's concerned about the influence, particularly the power of the union on the democratic party. if we look on the german side, the foreign minister said what they want ultimately is a party that's going to continue with the reforms, that's going to continue with the fiscal consolidation. i'm not sure there's anything new here. perhaps an argument, too, where angela merkel is concerned, the power...
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Feb 19, 2013
02/13
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we talk to ceo angela aarons. we'll hear from her later in the show. >>> and taking the positive u.s. housing numbers from the nhab numbers. we'll be in new york with analysis at 11:45 cet. >> the italian election race is heating up. there is less than a week before voters head to the polls. comedian turns politician beppe grillo, in fact, is owes closing in on sylvia berlusconi for second place. official polls can no longer be published. the private polls seen by reuter s suggest mario monti may, in fact b with be something of a spoiler. >> and the election largely coming down to five key candidates. the front-runner is bersani. he's the leader of the center left pd party, calling for growth measures alongside monte's plan. sylvia berlusconi is threatening to make a political comeback despite corruption scandals. we've mentioned the comedian beppe grillo. at the same time, the former caretaker mario monti, he's been struggling to gain ground in his first ever political campaign. and then last, not necessarily lea
we talk to ceo angela aarons. we'll hear from her later in the show. >>> and taking the positive u.s. housing numbers from the nhab numbers. we'll be in new york with analysis at 11:45 cet. >> the italian election race is heating up. there is less than a week before voters head to the polls. comedian turns politician beppe grillo, in fact, is owes closing in on sylvia berlusconi for second place. official polls can no longer be published. the private polls seen by reuter s...
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Feb 28, 2013
02/13
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meeting was no longer possible and what's interesting is napolitano is supposed to be meeting with angela merkel for lunch today, i believe. >> no clowning around at that lunch. >> well done. i wish i were a fly on the wall for that one. >> it does make things extremely awkward ahead of that meeting. >> there's nothing quite like, you know, all the stereotypes that people talk about. there's nothing quite like when somebody comes out and proves stereo typical -- >> confirms that sense, contactually. >> mario draghi indicated his intention to keep the euro going, saying we are far from having an exit in mind. >> at this point in time, economic policy remains cognitive because we are far from being in a situation where we can actually start having an exit in mind. we see that inflationary expectations are very well anchored. if anything, inflation is going down. and we foresee for next year a significantly an inflation which is significantly lower than 2%. >> if we're going to see inflation significantly below 2%, it's being suggested there's room for them to do more, isn't he? >> possibly.
meeting was no longer possible and what's interesting is napolitano is supposed to be meeting with angela merkel for lunch today, i believe. >> no clowning around at that lunch. >> well done. i wish i were a fly on the wall for that one. >> it does make things extremely awkward ahead of that meeting. >> there's nothing quite like, you know, all the stereotypes that people talk about. there's nothing quite like when somebody comes out and proves stereo typical -- >>...
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Feb 7, 2013
02/13
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in the right direction, but with regard to the decision today, i think if you've been listening to angela merkel to david cameron himself and francois hollande this week, the indication is that perhaps we shouldn't be as optimistic as jean-claude juncker would have us believe, but someone has to fly the flag for europe and we like our posturing in europe. overall, what rewe looking at? germany, the uk, the nordic european countries are fighting for cuts, real term cuts in this whereas italy and france would rather have it held steady. even within that, the battle lines aren't clear. the uk and sweden in particular, trying to protect their all important rebates. we've got italy saying that their contribution overall is too great and, of course, as i just mentioned, france very concerned about the agricultural spending that contributes around 40% of the entire eu budget. so as usual, we get a of comments and a lot of the european leaders come to this working out, just how they can negotiate and is walk away, flying their individual flag and saying, hey, i came out with what i asked. but, yo
in the right direction, but with regard to the decision today, i think if you've been listening to angela merkel to david cameron himself and francois hollande this week, the indication is that perhaps we shouldn't be as optimistic as jean-claude juncker would have us believe, but someone has to fly the flag for europe and we like our posturing in europe. overall, what rewe looking at? germany, the uk, the nordic european countries are fighting for cuts, real term cuts in this whereas italy and...